ETF Investors Pile On $26B in September Asset Growth

Investors added $26 billion to U.S. exchange-traded funds (ETFs) in September, resuming the trend of monthly net inflows interrupted by $1 billion in August outflows, according to Strategic Insight, an Asset International company.

According to SI, in the first nine months of 2010, ETFs (including ETNs) took in $73 billion in flows. At the end of September, U.S. ETF assets stood at a record $897 billion. 

“We stick by our prediction, made over a year ago, that U.S. ETF assets would hit $1 trillion by the end of 2011,” said Loren Fox, a senior research analyst at Strategic Insight. “Recent developments, such as the spread of commission-free ETF trading at certain brokerages, should only accelerate the growth of ETFs.”